Russian PM Mikhail Mishustin's recommendations for a slew of government changes have been agreed by President Putin on November 9.
Baku’s forces confirm capture of Shusha and seemed poised to move on to main city Stepanakert.
Baku reportedly apologises, says it was an accident. Aircraft brought down with shoulder-launched missile near Azerbaijani border while fighting continued to rage over Nagorno-Karabakh.
Truce would reportedly require Armenia to cede large chunk of territory while placing Turkish and Russian peacekeeping mission in area.
Russia’s Watcom shopping index continued to slide in the last weeks of October and first week of November after almost recovering over the summer as the second wave of the coronavirus (COVID-19) pandemic in Russia gathers pace.
There is positive news for all Central and Eastern Europe (CEE) commercial bankers, market observers and investment bankers. The fresh 2020 CEE Banking Report by Raiffeisen Research paints an encouraging picture of banking in CEE.
Azerbaijani forces reported to be 3-4 km from mountain fortress city of great symbolic cultural significance to Baku.
No data available from UK on how many virus cases it “imported” after opening Turkish tourism corridor despite many warnings Ankara’s pandemic data was flawed.
Russia’s online economy is booming and no one has really noticed. The traditional economy will be badly hurt this year by the multiple crises, but online sales have only accelerated. Russia's New Economy has reached critical mass.
As Russia’s new economy comes of age it seems there is a new deal announced on a daily basis as the leading companies snap up start-ups or rivals in the rush to build an ecosystem that covers all of life’s needs and wants.
The unexpected economic slowdown that started at the end of September delivered another surprise after IHS Markit reported the biggest drop in the Russia Services Business Activity PMI Index, which tumbled from 53.7 to 46.9 in October.
About 40,000 civilians have fled from Karabakh into Armenia, where they are being accommodated in schools, hotels and volunteers’ homes.
On October 23 the United States imposed sanctions on a Russian government research institute for its links to malware used to target critical infrastructure. The trouble is sanctions have largely failed to force the Kremlin to change its ways
Armenia’s PM, meanwhile, calls for international investigation into presence of “foreign mercenaries” in Azerbaijan’s ranks after ethnic Armenian forces say they captured two fighters from Syria.
The slowdown that started in September slowed some more in October as the IHS Markit Russia Manufacturing PMI dropped again to 46.9 at the start of the fourth quarter, from 48.9 in September.
First estimates from OIV show drought hitting the grape crops in countries such as Romania and Moldova, while others like Hungary and Russia managed to boost production.
Analyst warns Stepanakert could “become like another Sarajevo”.
Leading Russian mobile phone operator MegaFon is investing in a project that will provide planet-wide data access to on-the-ground users from low-Earth orbit satellites.
The coronacrisis has cost Russian companies RUB3.8 trillion ($47bn) in lost profits this year as of August this year, according to the latest data available.